Illinois Tool Works (ITW) Stock Forecast, Price Target & Predictions
ITW Stock Forecast
Illinois Tool Works stock forecast is as follows: an average price target of $230.92 (represents a -8.27% downside from ITW’s last price of $251.75) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
ITW Price Target
The average price target for Illinois Tool Works (ITW) is $230.92 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $281.00 to $172.00. This represents a potential -8.27% downside from ITW's last price of $251.75.
ITW Analyst Ratings
According to 9 Wall Street analysts, Illinois Tool Works's rating consensus is 'Hold'. The analyst rating breakdown for ITW stock is 0 'Strong Buy' (0.00%), 1 'Buy' (11.11%), 4 'Hold' (44.44%), 4 'Sell' (44.44%), and 0 'Strong Sell' (0.00%).
Illinois Tool Works Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 10, 2024 | Jonathan Sakraida | CFRA | $250.00 | $247.57 | 0.98% | -0.70% |
| Jul 31, 2024 | Joseph O'Dea | Wells Fargo | $236.00 | $249.34 | -5.35% | -6.26% |
| Jul 31, 2024 | Jamie Cook | Truist Financial | $281.00 | $249.34 | 12.70% | 11.62% |
| May 01, 2024 | Joseph O'Dea | Wells Fargo | $244.00 | $244.11 | -0.05% | -3.08% |
| Apr 08, 2024 | Nigel Coe | Wolfe Research | $250.00 | $262.94 | -4.92% | -0.70% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $303.00 | $262.67 | 15.35% | 20.36% |
| Oct 03, 2022 | - | Barclays | $172.00 | $183.33 | -6.18% | -31.68% |
| Aug 03, 2022 | - | Morgan Stanley | $191.00 | $206.61 | -7.56% | -24.13% |
| Aug 03, 2022 | - | Wells Fargo | $187.00 | $204.90 | -8.74% | -25.72% |
| Jul 26, 2022 | Stephen Volkmann | Jefferies | $195.00 | $193.40 | 0.83% | -22.54% |
The latest Illinois Tool Works stock forecast, released on Sep 10, 2024 by Jonathan Sakraida from CFRA, set a price target of $250.00, which represents a 0.98% increase from the stock price at the time of the forecast ($247.57), and a -0.70% decrease from ITW last price ($251.75).
Illinois Tool Works Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 6 |
| Avg Price Target | $250.00 | $255.67 | $260.67 |
| Last Closing Price | $251.75 | $251.75 | $251.75 |
| Upside/Downside | -0.70% | 1.56% | 3.54% |
In the current month, the average price target of Illinois Tool Works stock is $250.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -0.70% decrease as opposed to Illinois Tool Works's last price of $251.75. This month's average price target is down -2.22% compared to last quarter, and down -4.09% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | CFRA | - | Hold | Upgrade |
| Jul 31, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| May 01, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Apr 08, 2024 | Citigroup | Neutral | Neutral | Hold |
| Apr 02, 2024 | Barclays | Underweight | Underweight | Hold |
| Feb 09, 2023 | UBS | Neutral | Neutral | Hold |
| Dec 15, 2022 | Goldman Sachs | Neutral | Neutral | Hold |
| Oct 03, 2022 | Barclays | Underweight | Underweight | Hold |
| Aug 15, 2022 | Deutsche Bank | Hold | Sell | Downgrade |
| Aug 03, 2022 | Morgan Stanley | Underweight | Underweight | Hold |
Illinois Tool Works's last stock rating was published by CFRA on Sep 10, 2024. The company Upgrade its ITW rating from "null" to "Hold".
Illinois Tool Works Financial Forecast
Illinois Tool Works Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.03B | $4.07B | $4.02B | $3.97B | $4.01B | - | $3.94B | $3.68B | $3.56B | $3.68B | $3.54B | $3.48B | $3.31B | $2.56B | $3.23B | $3.47B | $3.48B |
| Avg Forecast | $4.23B | $4.23B | $4.25B | $4.15B | $4.15B | $4.14B | $4.13B | $4.06B | $4.02B | $4.03B | $4.08B | $4.03B | $4.01B | $4.09B | $4.14B | $3.98B | $3.89B | $3.89B | $3.97B | $3.75B | $3.53B | $3.55B | $3.56B | $3.43B | $3.32B | $2.98B | $2.33B | $3.30B | $3.46B | $3.53B |
| High Forecast | $4.28B | $4.28B | $4.30B | $4.20B | $4.20B | $4.19B | $4.19B | $4.11B | $4.07B | $4.07B | $4.13B | $4.08B | $4.04B | $4.16B | $4.19B | $4.03B | $3.94B | $3.94B | $3.97B | $3.81B | $3.59B | $3.60B | $3.61B | $3.49B | $3.37B | $3.02B | $2.37B | $3.36B | $3.52B | $3.59B |
| Low Forecast | $4.14B | $4.14B | $4.15B | $4.05B | $4.06B | $4.05B | $4.04B | $3.97B | $3.94B | $3.94B | $3.99B | $3.94B | $3.95B | $4.01B | $4.04B | $3.89B | $3.81B | $3.80B | $3.97B | $3.69B | $3.47B | $3.49B | $3.50B | $3.37B | $3.26B | $2.93B | $2.29B | $3.25B | $3.40B | $3.47B |
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 1.01% | 1.02% | 1.03% | - | 1.05% | 1.04% | 1.00% | 1.03% | 1.03% | 1.05% | 1.11% | 1.10% | 0.98% | 1.00% | 0.98% |
Illinois Tool Works's average Quarter revenue forecast for Dec 23 based on 6 analysts is $4.01B, with a low forecast of $3.95B, and a high forecast of $4.04B. ITW's average Quarter revenue forecast represents a -0.45% decrease compared to the company's last Quarter revenue of $4.03B (Sep 23).
Illinois Tool Works EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.11B | $1.06B | $1.01B | $1.21B | $1.04B | - | $944.00M | $945.00M | $959.00M | $1.02B | $1.02B | $981.00M | $909.00M | $557.00M | $890.00M | $987.00M | $998.00M |
| Avg Forecast | $1.10B | $1.10B | $1.10B | $1.08B | $1.08B | $1.08B | $1.07B | $1.05B | $1.05B | $1.05B | $1.06B | $1.20B | $1.04B | $1.06B | $1.08B | $1.09B | $1.01B | $1.05B | $1.03B | $995.39M | $920.13M | $954.23M | $1.00B | $904.59M | $854.95M | $701.58M | $341.36M | $858.77M | $912.31M | $946.56M |
| High Forecast | $1.11B | $1.11B | $1.12B | $1.09B | $1.09B | $1.09B | $1.09B | $1.07B | $1.06B | $1.06B | $1.07B | $1.45B | $1.05B | $1.08B | $1.09B | $1.31B | $1.02B | $1.26B | $1.03B | $1.19B | $1.10B | $1.15B | $1.20B | $1.09B | $1.03B | $841.89M | $409.63M | $1.03B | $1.09B | $1.14B |
| Low Forecast | $1.08B | $1.08B | $1.08B | $1.05B | $1.05B | $1.05B | $1.05B | $1.03B | $1.02B | $1.02B | $1.04B | $963.53M | $1.03B | $1.04B | $1.05B | $875.94M | $989.58M | $839.72M | $1.03B | $796.31M | $736.11M | $763.38M | $801.81M | $723.68M | $683.96M | $561.26M | $273.09M | $687.02M | $729.85M | $757.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.99% | 0.93% | 1.19% | 0.99% | - | 0.95% | 1.03% | 1.01% | 1.01% | 1.12% | 1.15% | 1.30% | 1.63% | 1.04% | 1.08% | 1.05% |
6 analysts predict ITW's average Quarter EBITDA for Dec 23 to be $1.04B, with a high of $1.05B and a low of $1.03B. This is -5.76% lower than Illinois Tool Works's previous annual EBITDA (Sep 23) of $1.11B.
Illinois Tool Works Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $772.00M | $754.00M | $714.00M | $907.00M | $727.00M | - | $662.00M | $609.00M | $639.00M | $775.00M | $671.00M | $642.00M | $582.00M | $319.00M | $566.00M | $641.00M | $660.00M |
| Avg Forecast | $834.73M | $835.25M | $838.31M | $792.73M | $794.37M | $798.00M | $798.53M | $757.34M | $752.27M | $753.16M | $738.17M | $785.54M | $718.36M | $737.31M | $714.67M | $714.13M | $752.57M | $699.40M | $662.23M | $649.21M | $592.97M | $635.82M | $763.77M | $596.84M | $559.51M | $449.19M | $195.50M | $546.14M | $592.49M | $625.98M |
| High Forecast | $848.04M | $848.56M | $851.67M | $805.37M | $807.03M | $810.73M | $811.26M | $769.42M | $764.27M | $791.71M | $749.94M | $942.65M | $736.32M | $752.29M | $726.07M | $856.95M | $764.57M | $839.28M | $662.23M | $779.05M | $711.57M | $762.99M | $916.52M | $716.20M | $671.41M | $539.03M | $234.60M | $655.37M | $710.99M | $751.18M |
| Low Forecast | $810.68M | $811.18M | $814.15M | $769.89M | $771.48M | $775.01M | $775.52M | $735.52M | $730.60M | $711.65M | $716.90M | $628.43M | $700.40M | $704.34M | $694.08M | $571.30M | $730.89M | $559.52M | $662.23M | $519.37M | $474.38M | $508.66M | $611.01M | $477.47M | $447.61M | $359.36M | $156.40M | $436.91M | $473.99M | $500.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.06% | 1.00% | 1.21% | 1.04% | - | 1.02% | 1.03% | 1.01% | 1.01% | 1.12% | 1.15% | 1.30% | 1.63% | 1.04% | 1.08% | 1.05% |
Illinois Tool Works's average Quarter net income forecast for Dec 23 is $718.36M, with a range of $700.40M to $736.32M. ITW's average Quarter net income forecast represents a -6.95% decrease compared to the company's last Quarter net income of $772.00M (Sep 23).
Illinois Tool Works SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $615.00M | $690.00M | $675.00M | $644.00M | $624.00M | - | $652.00M | $621.00M | $581.00M | $588.00M | $566.00M | $557.00M | $560.00M | $486.00M | $560.00M | $586.00M | $566.00M |
| Avg Forecast | $700.94M | $700.61M | $703.10M | $686.52M | $686.88M | $685.59M | $684.66M | $671.79M | $666.51M | $666.75M | $675.55M | $773.68M | $664.57M | $676.67M | $685.03M | $703.34M | $644.65M | $635.92M | $657.22M | $639.40M | $604.66M | $578.11M | $579.48M | $503.44M | $485.43M | $432.21M | $297.85M | $540.35M | $541.65M | $536.82M |
| High Forecast | $709.54M | $709.20M | $711.73M | $694.94M | $695.30M | $694.00M | $693.06M | $680.03M | $674.69M | $673.37M | $683.83M | $928.41M | $669.54M | $688.24M | $693.43M | $844.01M | $652.56M | $763.10M | $657.22M | $767.28M | $725.59M | $693.73M | $695.37M | $604.13M | $582.52M | $518.66M | $357.42M | $648.42M | $649.98M | $644.19M |
| Low Forecast | $685.41M | $685.08M | $687.52M | $671.30M | $671.65M | $670.40M | $669.49M | $656.90M | $651.74M | $651.86M | $660.57M | $618.94M | $654.62M | $663.94M | $669.85M | $562.67M | $630.36M | $508.74M | $657.22M | $511.52M | $483.73M | $462.49M | $463.58M | $402.75M | $388.34M | $345.77M | $238.28M | $432.28M | $433.32M | $429.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.01% | 0.96% | 1.00% | 0.98% | - | 1.02% | 1.03% | 1.01% | 1.01% | 1.12% | 1.15% | 1.30% | 1.63% | 1.04% | 1.08% | 1.05% |
Illinois Tool Works's average Quarter SG&A projection for Dec 23 is $664.57M, based on 6 Wall Street analysts, with a range of $654.62M to $669.54M. The forecast indicates a 8.06% rise compared to ITW last annual SG&A of $615.00M (Sep 23).
Illinois Tool Works EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 3 | 6 | 14 | 13 | 7 | 6 | 6 | 9 | 6 | 7 | 12 | 7 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.55 | $2.49 | $2.34 | $2.96 | $2.36 | - | $2.12 | $1.94 | $2.03 | $2.46 | $2.12 | $2.03 | $1.84 | $1.01 | $1.78 | $2.00 | $2.05 |
| Avg Forecast | $2.80 | $2.80 | $2.81 | $2.66 | $2.66 | $2.67 | $2.68 | $2.54 | $2.52 | $2.52 | $2.47 | $2.36 | $2.41 | $2.47 | $2.39 | $2.23 | $2.52 | $2.25 | $2.21 | $2.06 | $1.89 | $2.00 | $2.09 | $1.90 | $1.79 | $1.47 | $0.70 | $1.71 | $1.85 | $1.94 |
| High Forecast | $2.84 | $2.84 | $2.85 | $2.70 | $2.70 | $2.72 | $2.72 | $2.58 | $2.56 | $2.65 | $2.51 | $2.40 | $2.47 | $2.52 | $2.43 | $2.26 | $2.56 | $2.29 | $2.21 | $2.10 | $1.93 | $2.04 | $2.13 | $1.94 | $1.83 | $1.50 | $0.71 | $1.75 | $1.89 | $1.98 |
| Low Forecast | $2.72 | $2.72 | $2.73 | $2.58 | $2.58 | $2.60 | $2.60 | $2.46 | $2.45 | $2.38 | $2.40 | $2.29 | $2.35 | $2.36 | $2.33 | $2.16 | $2.45 | $2.19 | $2.21 | $2.01 | $1.84 | $1.96 | $2.04 | $1.85 | $1.75 | $1.44 | $0.68 | $1.67 | $1.81 | $1.90 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.04% | 1.05% | 1.17% | 1.05% | - | 1.03% | 1.03% | 1.01% | 1.18% | 1.12% | 1.13% | 1.25% | 1.44% | 1.04% | 1.08% | 1.06% |
According to 6 Wall Street analysts, Illinois Tool Works's projected average Quarter EPS for Dec 23 is $2.41, with a low estimate of $2.35 and a high estimate of $2.47. This represents a -5.62% decrease compared to ITW previous annual EPS of $2.55 (Sep 23).
Illinois Tool Works Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EMR | Emerson Electric | $102.03 | $116.55 | 14.23% | Buy |
| AOS | A. O. Smith | $79.97 | $87.67 | 9.63% | Buy |
| XYL | Xylem | $130.83 | $141.83 | 8.41% | Buy |
| ROK | Rockwell Automation | $262.92 | $283.77 | 7.93% | Buy |
| FELE | Franklin Electric | $97.16 | $103.00 | 6.01% | Buy |
| DOV | Dover | $185.06 | $175.22 | -5.32% | Hold |
| PNR | Pentair | $91.49 | $86.54 | -5.41% | Buy |
| ITW | Illinois Tool Works | $251.75 | $230.92 | -8.27% | Hold |
| CMI | Cummins | $302.13 | $271.11 | -10.27% | Buy |
| PH | Parker-Hannifin | $591.33 | $517.79 | -12.44% | Buy |
| IR | Ingersoll Rand | $91.03 | $70.33 | -22.74% | Buy |
| ETN | Eaton | $305.80 | $227.70 | -25.54% | Buy |
ITW Forecast FAQ
Is Illinois Tool Works a good buy?
No, according to 9 Wall Street analysts, Illinois Tool Works (ITW) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 11.11% of ITW's total ratings.
What is ITW's price target?
Illinois Tool Works (ITW) average price target is $230.92 with a range of $172 to $281, implying a -8.27% from its last price of $251.75. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Illinois Tool Works stock go up soon?
According to Wall Street analysts' prediction for ITW stock, the company can go down by -8.27% (from the last price of $251.75 to the average price target of $230.92), up by 11.62% based on the highest stock price target, and down by -31.68% based on the lowest stock price target.
Can Illinois Tool Works stock reach $400?
ITW's average twelve months analyst stock price target of $230.92 does not support the claim that Illinois Tool Works can reach $400 in the near future.
What is Illinois Tool Works's current price target trend?
1 Wall Street analyst forecast a $250 price target for Illinois Tool Works (ITW) this month, down -0.70% from its last price of $251.75. Compared to the last 3 and 12 months, the average price target increased by 1.56% and increased by 3.54%, respectively.
What are Illinois Tool Works's analysts' financial forecasts?
Illinois Tool Works's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $16.48B (high $16.68B, low $16.11B), average EBITDA is $4.28B (high $4.34B, low $4.19B), average net income is $3.15B (high $3.2B, low $3.06B), average SG&A $2.73B (high $2.76B, low $2.67B), and average EPS is $10.55 (high $10.72, low $10.24). ITW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $16.85B (high $17.06B, low $16.48B), average EBITDA is $4.38B (high $4.44B, low $4.28B), average net income is $3.3B (high $3.35B, low $3.21B), average SG&A $2.79B (high $2.83B, low $2.73B), and average EPS is $11.06 (high $11.24, low $10.74).
Did the ITW's actual financial results beat the analysts' financial forecasts?
Based on Illinois Tool Works's last annual report (Dec 2023), the company's revenue was $16.11B, which missed the average analysts forecast of $16.22B by -0.69%. Apple's EBITDA was $4.04B, missing the average prediction of $4.28B by -5.52%. The company's net income was $2.96B, beating the average estimation of $2.88B by 2.51%. Apple's SG&A was $0, missing the average forecast of $2.73B by -100.00%. Lastly, the company's EPS was $9.77, beating the average prediction of $9.5 by 2.86%. In terms of the last quarterly report (Sep 2023), Illinois Tool Works's revenue was $4.03B, missing the average analysts' forecast of $4.09B by -1.35%. The company's EBITDA was $1.11B, beating the average prediction of $1.06B by 4.21%. Illinois Tool Works's net income was $772M, beating the average estimation of $737.31M by 4.71%. The company's SG&A was $615M, missing the average forecast of $676.67M by -9.11%. Lastly, the company's EPS was $2.55, beating the average prediction of $2.47 by 3.24%